Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

W. W. Grainger

GWW stock analysis · Industrials · Industrial Machinery & Supplies & Components

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$1,360.40HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$64.2B

Price × SEC outstanding shares. Shares measured 2026-04-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$428.19

Equity cash-flow scenario · SEC outstanding shares at 2026-04-30 · -68.5% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

35.3%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-15.8%

12 industry peers · median 31.7×

How this is calculated ↗
Valuation

Historical multiples

26.9×

7 annual observations · snapshot P/E 37.6× · 39.7% versus history

How this is calculated ↗
Valuation

Free cash flow yield

2.1%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

34.3%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

22/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

1.5%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

2.3%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-2.3%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

0.7%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2.1B2020-12-31: cfo $1,123,000,000.002020-12-31: capex $197,000,000.0020202021-12-31: cfo $937,000,000.002021-12-31: capex $255,000,000.0020212022-12-31: cfo $1,333,000,000.002022-12-31: capex $256,000,000.0020222023-12-31: cfo $2,031,000,000.002023-12-31: capex $445,000,000.0020232024-12-31: cfo $2,111,000,000.002024-12-31: capex $541,000,000.0020242025-12-31: cfo $2,015,000,000.002025-12-31: capex $684,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$537.07$585.99$638.60
10.0%$393.56$428.19$465.37
12.0%$310.49$336.91$365.24

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3117.9B1.8B2B684M9B
2024-12-3117.2B2B2.1B541M8.8B
2023-12-3116.5B1.9B2B445M8.1B
2022-12-3115.2B1.6B1.3B256M7.6B
2021-12-3113B1.1B937M255M6.6B
2020-12-3111.8B755M1.1B197M6.3B
2019-12-3111.5B895M1B221M6B
2018-12-3111.2B823M1.1B239M5.9B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue17.9BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-19
netIncome1.8BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-19
Parent/common earnings proxy1.7BNetIncomeLoss2026-02-19
cfo2BNetCashProvidedByUsedInOperatingActivities2026-02-19
capex684MPaymentsToAcquirePropertyPlantAndEquipment2026-02-19
operatingIncome2.5BOperatingIncomeLoss2026-02-19
assets9BAssets2026-02-19
equity4.1BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-19
Parent book equity proxy3.7BStockholdersEquity2026-02-19
debt2.5BLongTermDebt2026-02-19
shortDebtNot reported under a supported tag
cash585MCashAndCashEquivalentsAtCarryingValue2026-02-19
shares48MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-19
dividends467MPaymentsOfDividendsCommonStock2026-02-19
buybacks1BPaymentsForRepurchaseOfCommonStock2026-02-19
issuance15MReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Proceeds from stock options exercised: 15000000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 8 financing lines reconcile exactly to reported financing cash flow -1825000000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net -2000000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-02-19